the potential pick up of kennards hire(scrip and cash?) will allow NATIONAL HIRE to increase their hire market share from 7 to 10 per cent and accordingly be beneficial to the eps and bottom line
they should then go for full purchase of nlx's ah plant hire division via cash and ren rights issue
that deal is a win win all round for the parties concerned
nlx reduces their debt and nhr further increases their hire market share and the deal will be accc friendly
only time will tell but nhr can't afford to stand still and watch another listed entity purchase other hire businesses and mkt share time and time again
nhr needs to buy other quality good size businesses with a good brand name
whilst westerns was one that nhr could let go through to the keeper ...the purchase of either AH PLANT given the huge infrastructure spending to come on stream and KENNARDS with its branch network provide for some fantastic growth opportunities neither of which should not be passed up for consideration!
NHR Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
